PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Otis

Otis, CO · Cert 3046

FDIC

Q2 2002

$24.9MAssets
$22.2MLoans
$21.9MDeposits
$2.6MEquity
Deposit mix
96%Interest-bearing $21.0M4%Noninterest $0.9MQ2 2001Q2 2002

NIM

8.79%Q1 ’018.43%Q2 ’017.06%Q2 ’02-5%-1%

Non-interest income vs. expense

2.53%Q1 ’012.61%Q2 ’012.28%Q2 ’02+2%-18%

Executive Summary

  • Earnings: ROA of 1.53%, up 20 bps year over year; NIM at 4.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.08%.
  • Funding: loans stand at 101.43% of deposits as of Q2 2002.

Financial Results

Return on Assets (YTD, annualized)

1.53%+20 bps YoY

Net Interest Margin (YTD, annualized)

4.60%-5 bps YoY

Efficiency Ratio (YTD, annualized)

43.27%-604 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets1.33%1.37%1.39%1.49%1.53%+20 bps
Return on Equityn/an/an/a13.56%14.03%n/a
Net Interest Margin4.65%4.72%4.61%4.57%4.60%-5 bps
Efficiency Ratio49.32%49.94%49.74%44.41%43.27%-604 bps
Non-Interest Burden1.97%2.05%1.97%1.60%1.61%-36 bps
Growth
Asset Growth (YoY)1.98%-2.00%-4.74%11.39%14.21%+1,223 bps
Loan Growth (YoY)17.91%15.22%15.30%37.83%30.64%+1,273 bps
Deposit Growth (YoY)2.34%-1.81%-2.14%8.63%17.63%+1,530 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.59%0.64%0.65%0.15%0.08%-51 bps
Allowance / Loans1.67%1.61%1.59%1.40%1.56%-12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital16.05%14.76%14.65%12.51%12.77%-328 bps
Equity / Assets12.29%11.88%11.74%10.37%10.66%-163 bps
Liquidity & Funding
Loans / Deposits91.34%95.68%97.95%106.03%101.43%+1,010 bps
Liquid Assets / Assets2.10%1.88%0.54%0.48%0.47%-163 bps
CRE / Total Capitaln/an/an/an/an/an/an/a